Sharda Motor Industries Ltd. announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. The company’s Board of Directors also approved the appointment of Mr. P. Kaniappan as an Additional Director in the category of Non-Executive Independent Director for a term of three years. The financial results include both standalone and consolidated statements, accompanied by a limited review report from the auditors.
Financial Performance for Q2 and H1 FY27
Sharda Motor Industries Ltd. has declared its unaudited financial results for the quarter and half-year that concluded on September 30, 2026. The presented figures cover both standalone and consolidated financial performance. These results have been reviewed and approved by the company’s Board of Directors following a meeting held on November 12, 2026. The financial statements are accompanied by a limited review report from the statutory auditors, S.R. Dinodia & Co. LLP, who have expressed an unmodified opinion.
Key Financial Highlights (Standalone)
For the quarter ended September 30, 2026, Sharda Motor Industries reported a total income of ₹1,23,285.50 lakh. Total expenses for the quarter amounted to ₹1,10,340.85 lakh, resulting in a profit from operations before exceptional items and tax of ₹12,944.65 lakh. After accounting for tax expenses of ₹3,180.38 lakh, the profit for the period stood at ₹9,764.27 lakh. Earnings per share (basic and diluted) for the quarter were ₹17.01.
The half-year ended September 30, 2026, saw a total income of ₹2,27,097.92 lakh and total expenses of ₹2,02,727.41 lakh. This led to a profit from operations before exceptional items and tax of ₹24,370.51 lakh. Post-tax, the profit for the period was ₹18,342.68 lakh, with earnings per share (basic and diluted) at ₹31.95.
Director Appointment
In addition to the financial disclosures, the Board of Directors has approved the appointment of Mr. P. Kaniappan (DIN: 02696192) as an Additional Director. He will serve in the category of Non-Executive Independent Director for a term of three consecutive years, commencing November 12, 2026, and concluding on November 11, 2029, subject to shareholder approval. Mr. Kaniappan brings over four decades of experience in the automotive industry and possesses strong qualifications in engineering and business management.
Consolidated Financials
The consolidated financial results also reflect a total income of ₹2,27,097.92 lakh for the half-year ended September 30, 2026, with a profit after tax of ₹18,597.20 lakh. The consolidated earnings per share (basic and diluted) for the half-year were ₹32.39. The company’s financial results are available on its website, www.shardamotor.com, and the websites of the BSE and NSE.
Source: BSE
